<center><big>[[Individual Youth Accounts]] teach Scouts to be [[Thrifty]] as they save for their future in Scouting.<br>Individual Youth Accounts teach [[personal management]] not by a lecture but through life experiences.</big></center><br>

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<center><big>In one weekend of [[Popcorn]] sales or other [[Fundraising]], a [[Cub Scout]] or [[Boy Scout]]<br> can earn enough in his [[Individual Youth Accounts|Individual Youth Account]] for a year of FUN!<br>Scouts learn [[personal management]] not by lectures but through life experiences.</big></center><br>

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{{Quote-source|Paying your own way is a fundamental principle of the Boy Scouts of America. It is one of the reasons why no solicitations (requests for contributions from individuals or the community) are permitted by units. Young people in Scouting are taught early on that if they want something in life, they need to earn it. The finance plan of any unit should include participation by the Scouts.|[http://www.scouting.org/cubscouts/resources/packbudget.aspx Annual Budget Plan]}}

Individual Accounts are bookkeeping ledgers, not separate bank accounts. Units ''"..using this method have traditionally had stronger programs with less turnover of youth..."'' - .[http://www.scouting.org/cubscouts/resources/packbudget.aspx scouting.org]

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{{Shortcut|[[Individual Accounts]]}} The BSA suggests that a Scout's earnings be applied first to his annual costs with remaining money going into the Scout's '''Individual Youth Account'''. Some units instead take the boy's earnings and divide them up.

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When a Scout is successful in [[fundraising]], his earnings can be first applied to his annual costs with remaining earnings going into the Scout's own Individual Youth Account.

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{{Quote-source|Paying your own way is a fundamental principle of the Boy Scouts of America. It is one of the reasons why no solicitations (requests for contributions from individuals or the community) are permitted by units. Young people in Scouting are taught early on that if they want something in life, [[Fundraising|they need to earn it]]. The finance plan of any unit should include participation by the Scouts.|[http://www.scouting.org/cubscouts/resources/packbudget.aspx Annual Budget Plan]}}

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Or the unit can take the money a boy has earned and split it up between the other Scouts in the unit by placing the Scout's earnings into the unit's general account.

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Individual Accounts are bookkeeping accounts, not separate bank accounts. Units ''"..using this method have traditionally had stronger programs with less turnover of youth..."'' - .[http://www.scouting.org/cubscouts/resources/packbudget.aspx scouting.org]

==Benefits of Individual Youth Accounts==

==Benefits of Individual Youth Accounts==

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Here are some of the benefits to allowing Scouts to have [[Individual Youth Accounts]]:

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There are many benefits in using the BSA [[Individual Youth Accounts]] program:

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# Scouts learn self-reliance. Success should be from your own hard work not taking from taking a share of someone else's work.

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# Scouts learn self-reliance - success come from from your own hard work, not from taking from others.

# Scouts learn to plan for financial goals such as [[summer camp]], trips, equipment, and [[uniform]]s.

# Scouts learn to plan for financial goals such as [[summer camp]], trips, equipment, and [[uniform]]s.

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# Scouts learn life skills of [[personal management]] through their work not lectures.

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# Scouts learn life skills of [[personal management]] through life experiences not lectures.

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# A Scout is more likely to attend an he has paid event through his own work.

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# A Scout is more likely to attend if he paid for the event through his own work.

# A Scout is more likely to stay in Scouts if he has earned the funds he needs for the activities he wants to do.

# A Scout is more likely to stay in Scouts if he has earned the funds he needs for the activities he wants to do.

==Basic Expenses==

==Basic Expenses==

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Annual expenses for a Scout typically include:

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{{Scout Expenses}}

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* [[National Council]] Registration Fees are just over $10 a year.

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* [[Boys' Life]] magazine subscription is about $12 a year.

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==Importance to Packs==

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* Optional Unit [[Accident Insurance]] is just a few dollars per Scout and protects you from medical bills from an accident in Scouting.

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{{Quote-source|[[Packs]] using this method have traditionally had stronger programs with less turnover of youth ([[Cub Scouts]] are retained). Individual Cub Scout accounts, whereby the pack keeps track of how much a [[Fundraising|Cub Scout or his family has raised]] toward his "ideal year of Cub Scouting" goal, are critical to the success of this program. When individual Cub Scouts are credited for their efforts, they develop a sense of personal responsibility and participation.|[http://www.scouting.org/cubscouts/resources/packbudget.aspx Annual Pack Budget Plan]}}

'''Individual Youth Accounts''' are critical for [[Webelos Scouts]] to [[Webelos Transition|crossover]] into [[Boy Scouts]]. A boy who has learned to work towards his goals will be able to participate in more activities and is more likely to stay in. Plus many [[Webelos]] Scouts [[Fundraising|have earnings]] to take with them to [[Boy Scouts]] for new [[uniform]]s, equipment, and [[Boy Scout Summer Camp]]. Packs send the boy on not just with money, but with [[personal management]] skills.

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**[[Boy Scouts]]: Camping or other trips, equipment, and other fees and expenses.

There is so much more a Boy Scout can do. You will need backpacks and equipment and [[merit badge]] books. Your activities are better now: [[Climbing]], [[Hiking]], [[Canoeing]], and so much more. [[Summer Camp]] adds [[Rifle Shooting]], [[Shotgun Shooting]], [[Snorkeling]], and [[Wilderness Survival]]. The bigger the fun, the bigger the price, and the more important Individual Accounts become. Scouts who learn self-reliance will go far.

* Program Materials includes [[Bookshelf|books]] and supplies supplies, flags, camping equipment, and more.

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* [[Uniform]]s are an ongoing expense as Scouts grow through the ranks and sizes.

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==Participation Fees Do Little to Teach Responsibility==

==Participation Fees Do Little to Teach Responsibility==

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{{Quote-source|Men who were Scouts credit Scouting with helping them be more financially responsible.|[http://www.scouting.org/media/~/media/legacy/assets/media/research/02%20882.ashx The Value of Scouting Harris Survey]}}

{{Quote-source|Men who were Scouts credit Scouting with helping them be more financially responsible.|[http://www.scouting.org/media/~/media/legacy/assets/media/research/02%20882.ashx The Value of Scouting Harris Survey]}}

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==Importance to Packs==

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==See also==

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{{Shortcut|[[Individual Accounts]]}}

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* [[Fundraising]]

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{{Quote-source|[[Packs]] using this method have traditionally had stronger programs with less turnover of youth ([[Cub Scouts]] are retained). Individual Cub Scout accounts, whereby the pack keeps track of how much a Cub Scout or his family has raised toward his "ideal year of Cub Scouting" goal, are critical to the success of this program. When individual Cub Scouts are credited for their efforts, they develop a sense of personal responsibility and participation.|[http://www.scouting.org/cubscouts/resources/packbudget.aspx Annual Pack Budget Plan]}}

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* [[Popcorn]]

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* [[Friends of Scouting]]

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==Importance to Webelos==

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* [[Pack Fundraising Chair]]

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'''Individual Youth Accounts''' are critical for [[Webelos Scouts]] to make the [[Webelos Transition]] into [[Boy Scouts]]. A boy who has learned to work towards his goals and save will be able to participate in more activities and is more likely to stay in. Also many [[Webelos Scouts]] earn enough to take their savings with them to [[Boy Scouts]] to pay for new [[uniform]]s, equipment, and their first year at [[Boy Scout Summer Camp]]. Packs send the boy on not just with money, but with [[personal management]] skills. Some packs instead take away the money earned by [[Scout Law|thrifty]] boys and use it to reward others in the pack.

The BSA suggests that a Scout's earnings be applied first to his annual costs with remaining money going into the Scout's Individual Youth Account. Some units instead take the boy's earnings and divide them up.

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Paying your own way is a fundamental principle of the Boy Scouts of America. It is one of the reasons why no solicitations (requests for contributions from individuals or the community) are permitted by units. Young people in Scouting are taught early on that if they want something in life, they need to earn it. The finance plan of any unit should include participation by the Scouts.

Importance to Packs

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Packs using this method have traditionally had stronger programs with less turnover of youth (Cub Scouts are retained). Individual Cub Scout accounts, whereby the pack keeps track of how much a Cub Scout or his family has raised toward his "ideal year of Cub Scouting" goal, are critical to the success of this program. When individual Cub Scouts are credited for their efforts, they develop a sense of personal responsibility and participation.

Participation Fees Do Little to Teach Responsibility

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An annual unit participation fee, too often completely contributed by parents, does little to teach a boy responsibility. The unit's entire budget must be provided for by the families, either through fund-raising or other means such as dues or fees.